Vietnam poverty

Though the rate of poor families in remote mountainous regions has significantly reduced thanks to the five-year national poverty reduction plan ending 2010, it is not sustainable, lawmakers said Monday.
"The per capita income of people living in these disadvantaged areas is now VND3.5 million (US$180) per year," said Ksor Phuoc, chairman of the National Assembly's Ethnic Council at a meeting in Hanoi. … [Read more...] about Vietnam poverty reduction rapid but unsustainable: MPs

Many stories were brought up at a Wednesday meeting of the National Assembly's Committee on Social Issues to show that poverty alleviation hadn't been effective due to half-hearted assistance and systemic abuse among beneficiaries. Teaching men to fish? Nguyen Tan Tuan, a deputy from the central province of Khanh Hoa, said one problem with poverty alleviation policies is they don't provide the beneficiaries with the know-how to earn more with the aid they receive.
Nearly half of the country's poor households listed belong to ethnic minorities who live in remote areas and have little access to schooling, which makes providing quality training even more crucial, Tuan said. He said his province has employed an animal husbandry program that provides VND10 million to each poor family. He visited one that bought two black pigs; one stayed in a pigsty and another ran wild. "I asked them what the animal ate and if they had been told how to breed the animals, they said they were told nothing, … [Read more...] about Vietnam’s poverty aid plagued by inefficiency, fraud: lawmakers

World Bank chief Robert Zoellick, who is visiting Vietnam Monday, praised the country's "tremendous success" in fighting poverty and vowed to push for additional bank lending to the country.
Zoellick, who is on an Asian tour, also appreciated the government's efforts to root out corruption
Prime Minister Nguyen Tan Dung (R) and World Bank chief Robert Zoellick … [Read more...] about World Bank chief hails Vietnam poverty reduction success

Nhan Dan Online - The Ministry of Labour, Invalids and Social Affairs (MoLISA) has announced that nationwide the number of poor households was reduced to 2.15 million in 2012, accounting for 9.6 % of the country's total.
According to the recently released survey results on poor and near poor households in 2012, the country's poverty rate fell 2.16% from 11.76% in 2011 to 9.6% in 2012. The rate of near poor households also decreased from 6.98% to 6.57%, equivalent to 1.47 million households.
Under the standards of poor and near poor households set for the 2011-2015 period, near poor households include those with a monthly per capita income of VND401,000-520,000 in rural areas and VND501,000-650,000 in urban areas. Those who have lower incomes are defined as poor households.
The survey was conducted in 2012 in all 63 provinces and cities of the country divided into eight regions, including the Northeast, Northwest, Red River Delta, North Central, Central Coast, Central Highlands, … [Read more...] about Vietnam: Poverty rate fell to 9.6% in 2012

The Hanoitimes - The World Bank (WB) in Vietnam o­n Jan. 24 released a report o­n Vietnam's poverty reduction in 2012 with the theme "2012 Vietnam poverty assessment - Well begun, not yet done: Vietnam's remarkable progress o­n poverty reduction and the emerging challenges".
Presenting the report, Dr. Valerie Kozel, senior economic expert at the bank, said Vietnam's record o­n economic growth and poverty reduction over the last two decades has been remarkable. In the basis of a "basic needs" poverty line initially agreed in the early 1990s, the poverty fell from 58% in the early 1990s to 14.5% by 2008, and by these standards was estimated to below 10% by 2010.
In its latest report o­n Global Economic Prospects 2013, the World Bank has noted that Vietnamese people pay more attention to stability of the macro-economy, unlike other nationalities.
Four years after the o­nset of the global financial crisis, the worst appears to be over. However, global … [Read more...] about WB reports on Vietnam’s poverty reduction in 2012